CCC Intelligent Solutions
CCCS
#2261
Rank
S$9.05 B
Marketcap
$14.51
Share price
0.82%
Change (1 day)
-14.81%
Change (1 year)

Operating Margin for CCC Intelligent Solutions (CCCS)

Operating Margin as of October 2024 (TTM): 11.36%

According to CCC Intelligent Solutions's latest financial reports and stock price the company's current Operating Margin is 11.36%. At the end of 2023 the company had an Operating Margin of -9.76%.

Operating Margin history for CCC Intelligent Solutions from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-9.76%-253.14%
20226.37%-115.95%
2021-39.94%1073.1%
2020-3.40%-92.44%
2019-45.06%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.